The Pistons are expected to buy out the contract of veteran point guard Kemba Walker following a trade with the Knicks, per Adrian Wojnarowski of ESPN.
Walker, 31, was actually part of a three-team deal that also involved the Hornets and No. 13 overall pick Jalen Duren, a center from Memphis.
Walker is likely to draw interest from multiple contenders, or perhaps even the Hornets, as a free agent.
He averaged 13.7 points in 37 games last season, though the Knicks shut him down at the end of the year.
Hoops Wire will have more on this story as it develops.